Had the honor of working with this team via our @delphi_labs incubation. Incredible to see they're now backed by @tether. Here's why: they're using $USDT as the backbone to fix global payments between regulated fin firms. Right now international payment transfers don’t actually "move." They're passed off like a game of telephone through a chain of intermediaries. Every handoff adds a fee, delay and point of failure... that's trapping hundreds of billions in working capital inside correspondent banks. t-0's fixing it with a new global settlement layer. The vision? A bank in Brazil and a provider in Indonesia transacting like they’re across the street. They shouldn't have to hop through five different banks... instead, they can now use a real-time orderbook and a single API. USDT moves in real time, then institutions inside the network settle on a cadence they pick. It's how modern software systems work: fast layers on top, secure settlement beneath. More (including a quote from Paolo) in their release 👇

Tether
@tether
02-06
Tether Announces Investment in t-0 Network to Support USD₮-Powered Payments System
Read more:
https://tether.io/news/tether-announces-investment-in-t-0-network-to-support-usdt-powered-payments-system/…
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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